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- S.1239
S.1239: A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.
About This Bill
- Introduced April 20, 2021
- Latest Major Action April 20, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - April 20, 2021
Bill Summary
This bill excludes from gross income, for income tax purposes, a taxpayer subsidy provided by a state or local government to a resident for the purchase or installation of any wastewater management measure intended solely for the taxpayer's principal residence.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 20, 2021 |
Read twice and referred to the Committee on Finance.
|
| April 20, 2021 |
Introduced in the Senate by Kirsten E. Gillibrand (D-N.Y.) |